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Addendum General Information1 ADDENDUM GENERAL INFORMATION1 TABLE OF CONTENTS Pennsylvania ......................................................... A-43 Addendum – General Information ......................... A-1 Puerto Rico ........................................................... A-44 United States ......................................................... A-2 Rhode Island ......................................................... A-45 Alabama ................................................................. A-2 South Carolina ...................................................... A-45 Alaska ..................................................................... A-2 South Dakota ........................................................ A-46 Arizona ................................................................... A-3 Tennessee ............................................................. A-47 Arkansas ................................................................. A-5 Texas ..................................................................... A-47 California ................................................................ A-6 Utah ...................................................................... A-48 Colorado ................................................................. A-8 Vermont................................................................ A-49 Connecticut ............................................................ A-9 Virginia ................................................................. A-50 Delaware .............................................................. A-10 Washington .......................................................... A-51 District of Columbia .............................................. A-12 West Virginia ........................................................ A-51 Florida .................................................................. A-12 Wisconsin ............................................................. A-52 Georgia ................................................................. A-13 Wyoming .............................................................. A-53 Hawaii ................................................................... A-14 Australia ............................................................... A-55 Idaho .................................................................... A-16 Australian Capital Territory (ACT) ......................... A-55 Illinois ................................................................... A-17 New South Wales ................................................. A-55 Indiana .................................................................. A-18 Northern Territory (Australia) ............................... A-56 Iowa ...................................................................... A-20 Queensland .......................................................... A-57 Kansas ................................................................... A-21 South Australia ..................................................... A-61 Kentucky ............................................................... A-22 Tasmania............................................................... A-62 Louisiana .............................................................. A-23 Victoria ................................................................. A-64 Maine ................................................................... A-25 Western Australia ................................................. A-65 Maryland .............................................................. A-26 Canada ................................................................. A-67 Massachusetts ...................................................... A-27 Alberta .................................................................. A-67 Michigan ............................................................... A-28 British Columbia (BC) ............................................ A-68 Minnesota ............................................................ A-29 New Brunswick ..................................................... A-70 Mississippi ............................................................ A-30 Newfoundland ...................................................... A-71 Missouri ................................................................ A-31 Nova Scotia ........................................................... A-71 Montana ............................................................... A-31 Ontario ................................................................. A-72 Nebraska ............................................................... A-32 Quebec ................................................................. A-73 Nevada ................................................................. A-34 Saskatchewan ....................................................... A-74 New Hampshire .................................................... A-35 Hong Kong ............................................................ A-75 New Jersey ........................................................... A-36 Ireland .................................................................. A-77 New Mexico .......................................................... A-36 New Zealand ........................................................ A-81 New York .............................................................. A-37 South Africa ......................................................... A-82 North Carolina ...................................................... A-38 United Kingdom ................................................... A-85 North Dakota ........................................................ A-39 England ................................................................. A-85 Ohio ...................................................................... A-41 Northern Ireland................................................... A-87 Oklahoma ............................................................. A-41 Scotland ................................................................ A-90 Oregon .................................................................. A-42 Wales .................................................................... A-91 1. Information contained in this Addendum is based on details supplied during 2013; there may have been some factual changes in a number of jurisdictions since then which are not reflected in the current version of the Addendum. UNITED STATES may appeal a “final decision” of a board of equalization to the circuit court of the county where the property is located. Ala. Alabama Code § 40-3-25. The taxpayer must file notice of appeal with 1. Title of Property Tax System? Property Tax. the secretary of the board of equalization and with the clerk of the circuit court within 30 days from the date of the final 2. Type of property taxed along with brief description? decision. Ala. Code § 40-3-25. Real property and business personal property. Intangible property is generally taxable, unless specifically exempted. 16. Independent body to determine unresolved appeals? Ala. Code § 40-11-1(b). Appeals of decisions by the board of equalization may be appealed to the circuit court of the county in which the prop- 3. Person tax legally imposed on? Owner. Ala. Code § 40- erty at issue is located. Ala. Code §§ 40-3-24, -25. 7-1 17. Property tax revenue vs. other revenue? 4. Unit of assessment? Piece, parcel, tract, or lot. Ala. Code § Alabama collected approximately $2.57 billion in state and 40-11-1(b). local property taxes in 2010. This represented 19.37% of the 5. Tax rate(s) set by? State and local government. $13.28 billion in state and local taxes collected. 6. Current tax rate? The state’s tax rate is 0.65%. City and Property taxes accounted for approximately 44% of taxes col- county tax rates range from 0-4.93%, but the average rate lected at the local government level. state-wide (including the state’s rate) is 4.2%. There are four At the state level, property taxes represented only about 4% classes of property with different assessment ratios: of total taxes collected. Class I (Utility) – 30% of market value 18. Any significant recent changes and important issues? Class II (catch all) – 20% of market value Classification of Property as Residential or Homestead (Amend- Class III (Agricultural/Residential/Forest/Historic) – 10% ing Ala. Code §§ 40-8-1 and 40-9-19; Effective Date: Sept. of market value 1, 2011) - Provides that the classification of property as resi- Class IV (Privately owned autos and trucks) – 15% of market dential property or a homestead would not be affected under value. Ala. Code § 40-8-1(a). certain conditions when the property is damaged by a natural 7. Frequency of adjustment of tax rate(s)? Annually. disaster. Act 2011-710 (SB 506). 8. Tax collected by? State Department of Revenue and county tax offices, depending on the specific property tax. Alaska 9. Assessor responsible for assessments? All taxable real 1. Title of Property Tax System? Property Tax. and personal property, with the exception of public utility 2. Type of property taxed along with brief description? property, is assessed on the local level by the county assess- All real and tangible personal property used primarily to ex- ing official. Utility property, freight line and equipment com- plore for, produce, or transport unrefined oil or gas by pipe- panies are centrally assessed by the Department of Revenue line is subject to a state-wide property tax. Alaska Stat. §§ (DOR). 43.56.010, 29.45.080.
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